Monday, December 28, 2009

ESPOW For Your Business-Selling Without Inventory

Several days ago, Ricardo opened an online store and started selling electronic gadgets. Although running a new business can often cost an arm and a leg, “poor” Ricardo solved the money problem. Instead of filling his warehouse with cases of products which may take all of his savings, Ricardo made a drop shipping agreement with a manufacturer at ESPOW.com who would ship his products directly to his customers.



Let’s say Ricardo sells a Parking Sensor priced at 200 USD on his own online store and a customer who is browsing his site places an order.Ricardo then orders the item for the customer with his manufacturing partner at ESPOW, provides the customer’s shipping information, and makes the payment. Once the payment is confirmed, the manufacturer sends the purchase order to the shipping address of customers via a carrier such as DHL, UPS, FedEx, etc.

After Ricardo confirms with ESPOW that his customer received and is happy with the product, ESPOW then releases the payment to the manufacturer in the amount of 120 USD for the wholesale price of the parking sensor which is offered with free shipping in this particular case. Since ricardo charges the customer a shipping fee of 10 USD in addition to the item price, he finally nets a profit of USD 70.

The best part in this drop shipping case is that for the business owner, all he has to do is inform his manufacturer of the order and shipping details and his customers will have a slim to no chance of being disappointed and finding that the desired item is “out of stock”.

As seen in this case, drop shipping eliminates many troubles with sales and purchases, but there are still two important points requiring our attention:

Normally, there is no extra charge on drop shipping service at ESPOW.com. But the seller needs to contact the manufacturer before placing the order to make sure that the manufacturer can ship to the customer’s address with the same price shown on the product description page, as the shipping costs may differ from different distances.

The seller should specify the shipping addresses and items of his drop-ship orders in the “Remarks” box when placing the orders at ESPOW.com. Learn more about ESPOW's drop shipping service.

1 comment:

  1. This Autel scan tool blows the Snap On and other big name stuff out of the water and it's a fraction of the price. I got to the point that when I needed a scan tool for a diag I would ask to borrow this Autel from the other tech rather than reaching for the shops Snap On Verus or my Matco one. The touch screen, including the stylus, is clearly visible and not too sensitive where you'll be constantly hitting the wrong button. The tool is generally pretty fast at loading codes and PID data although imports do seem to take a little longer. Troubleshooting features on this tool impressed me as I've done everything from clocking blend doors,fvdi 2015 setting CMP's, evap system tests, programming keys, and I've heard of programming clusters though haven't seen it done first hand. All in all I would recommend this tool in a heart beat to any tech looking for a scan tool with trouble shooting capabilities. I was guilty tm100 programmer of assuming this was just another one of those cheap, plastic, China made junk tools that looked like it had the interface of a Nintendo from the 90's. However, I couldn't have been further from the truth as you will most definitely get your money's worth.

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